- Greece is due to repay over half of its outstanding €330 billion in debt by 2015
- Irvin: More austerity will cause GDP to contract even faster
- Greece must insist on a sensible restructuring, says Irvin
Editor’s note: George Irvin is Professorial Research Fellow at the University of London’s School of Oriental and African Studies (SOAS). He is author of Regaining Europe: an economic agenda for the 21st Century, London: Federal Trust, 2007.